Unfair competitive advantages occur when:
A) one competitor has an advantage that others cannot purchase.
B) market middlemen are displaced.
C) information is equally distributed and transaction costs are low.
D) firms are able to gather monopoly profits.

Question

Quizplus · Accepted Answer

Unfair competitive advantages occur when one competitor has an advantage that others cannot purchase. This could result from factors such as exclusive access to resources or technologies, economies of scale, or government regulations or subsidies.

Unfair Competitive Advantages Occur When